The president from Brazil, Luiz Inácio Lula da Silva, participated in the closing of the “International Conference on biofuels”, in Sao Paulo (Brasil) Photo: EFE.Â

The alimentary crisis is due to the speculation in financial markets, in raw materials, and of the oil industry; the ethanol and the biodiesel, combine growth with environmental development, but also with social responsibility.Â

The Brazilian president, Luiz Inácio Lula da Silva, exempted the biofuels today of any responsibility in the world alimentary crisis, that attributed to the speculation in the financial markets and the raw materials. Leer más »

In a government act on last Thursday November 13th and headed by the president, Cristina Fernández, the launching of the National Program of Use of Bioethanol was carried out in which the resolutions were presented regulating the obligatory use of the bioethanol for its mixture with naphthas. The act that was developed in the Belgrano room of the Ministry of Economy and Production, had the presence of the governors of Chaco, Jorge Capitanich; of Formosa, Gildo Insfrán; of Jujuy, Walter Barrionuevo; of Tucumán, José Alperovich; the vice governor of Salta, Andrés Zottos; the minister of the Interior, Florencio Randazzo; of Federal Planning, Public investment and Services, Julio Of Vido; national and provincial legislators, the president of the Cámara Argentina de Biocombustibles (CARBIO), Ing. Fernando Peláez, the director of the Asociación Argentina de Biocombustibles e Hidrógeno, Claudio Molina, and managers of the sector. Leer más »

New landing in the Great Rosario.Â

They already registered the land. Where is it? The works begin in 30 days and they will be finished by ends of 2009. Â

The Brazilian group Integrated Biodiesel Industries (IBI) summed up the purchase of a land in Alvear to lift a biofuel plant of 150 thousand tons a day. Leer más »

The crude of reference WTI loses 0,9%, to u$s54,46 dollars per barrel. The Brent falls 1,35%, to 48,87 dollars. The soya contract for delivery in January loses 0,41%, tou$s331,71 the ton. Â

In the market of the raw materials increased the fears to the recession arriving before that waited and to the effects impacting on the demand of fuel and cereals. Leer más »